Bihar Gramin Bank DURGAPUR IFSC Code

The Bihar Gramin Bank branch at Durgapur in Arwal district (pincode 824127, Bihar) serves local residents and businesses for deposit, withdrawal and fund-transfer needs. For electronic payments — NEFT, RTGS and IMPS — the correct IFSC code is essential. The IFSC identifies the bank and branch so payments route to the right account. Using an incorrect IFSC can delay or return a transfer.

Branch Details

Bank Name	Bihar Gramin Bank
Branch Name	DURGAPUR
IFSC Code	PUNB0MBGB06
MICR Code	800811002
Branch Code	6937
Branch Address	DURGAPUR, Arwal, 824127, 7091596937
Contact Number	7091596937
City	Arwal
District	Arwal
Reason	AURANGABAD
Pincode	824127
State	Bihar

Merger update

Important: Uttar Bihar Gramin Bank (UBGB) and Dakshin Bihar Gramin Bank (DBGB) have been restructured under Punjab National Bank for electronic transfers. All legacy UBGB/DBGB IFSC codes have been revoked. This branch uses the consolidated IFSC PUNB0MBGB06 under Punjab National Bank. Only the new IFSC is valid for NEFT/RTGS/IMPS — do not use old UBGB or DBGB codes.

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code. It tells payment systems which bank and which branch should receive a transfer. The structure is:

• Characters 1–4: Bank code (letters). Example: PUNB = Punjab National Bank.
• Character 5: Always 0 (reserved).
• Characters 6–11: Branch identifier (alphanumeric). Example: MBGB06 in PUNB0MBGB06 identifies the specific branch.

How to use the IFSC Code for NEFT, RTGS, IMPS

• Step 1 — Gather beneficiary details: beneficiary name, account number, bank name, branch, and IFSC (PUNB0MBGB06 for this branch).
• Step 2 — Choose payment mode: NEFT or IMPS for most retail transfers; RTGS when you need real-time settlement for larger amounts (minimum limits apply — often ₹2 lakh and above for RTGS, but check with your bank).
• Step 3 — Initiate transfer: log in to your netbanking or mobile banking app, or visit a branch. Select the transfer type (NEFT/RTGS/IMPS), enter beneficiary details and the IFSC, confirm the amount and authorize.
• Step 4 — Verify before confirming: confirm the account number and IFSC. A single wrong digit can send funds to the wrong account or cause a rejection.
• Step 5 — Track and confirm receipt: NEFT typically completes within minutes to a few hours (now available 24×7); RTGS is real-time; IMPS is instant and available 24×7. Keep the transaction reference until confirmation.
• In-branch method: fill a transfer form and provide the IFSC. The teller will process it. For large RTGS transfers, banks may require identification and signature verification.

Benefits of knowing the IFSC code

• Ensures funds route to the correct bank branch for NEFT, RTGS and IMPS.
• Speeds up transfer processing and reduces failed transactions.
• Required for registering beneficiaries in netbanking and mobile apps.
• Helps merchants and employers set up automated payouts or salary crediting correctly.
• Aids in dispute resolution — a correct IFSC narrows down where to trace a transfer.

Contact

Branch phone number: 7091596937

Branch address: DURGAPUR, Arwal, 824127

Head office address: SHRI VISHNU COMMERCIAL COMPLEX, ASOCHAK, PATNA-800030, BIHAR

Toll free number: 18001807777

FAQs

• Q: Is PUNB0MBGB06 the only IFSC I should use for this branch?

  A: Yes. PUNB0MBGB06 is the valid IFSC for the Durgapur branch under Punjab National Bank. Old UBGB/DBGB IFSCs are revoked and should not be used.

• Q: What is the difference between IFSC and MICR?

  A: IFSC routes electronic transfers (NEFT/RTGS/IMPS). MICR (Magnetic Ink Character Recognition) is a 9-digit code used mainly for cheque clearing. Both identify banks, but serve different systems.

• Q: What if I enter the wrong IFSC when making a transfer?

  A: If the IFSC does not match the account number, the transfer will usually be rejected or returned. If the wrong IFSC routes to another valid account, funds may be credited incorrectly — in that case filing a trace / reversal request through your bank is required.

• Q: Can I use this IFSC for mobile wallets or UPI?

  A: UPI typically uses a VPA (virtual payment address) rather than IFSC. For bank-to-bank transfers through netbanking or bank apps, use the IFSC. Some wallet services that support bank transfers will request account + IFSC.

• Q: How can I verify the IFSC before sending money?

  A: Verify the IFSC shown on a bank cheque leaf, bank passbook, branch counter, or confirm with the branch phone number (7091596937). Always confirm the IFSC and account number before authorizing a transaction.